05/29/2026
🏡 Is Now a Good Time to Purchase a Home?
It’s one of the most common questions I’m being asked right now.
Many people are waiting for rates to drop before making a move. But here’s something worth considering…
When interest rates eventually come down, more buyers typically enter the market. More buyers often means more competition, multiple offers, and higher home prices.
Right now, buyers may have opportunities that were difficult to find during the peak market years:
✅ More inventory to choose from
✅ Less competition from other buyers
✅ More negotiating power
✅ Better conditions and flexibility in offers
✅ The ability to refinance later if rates decrease
Let’s look at a simple example:
A home purchased today for $950,000 may be worth significantly more if home prices increase once rates begin to decline and buyer demand returns.
While nobody can predict the market perfectly, trying to time the “bottom” of rates can sometimes cost more than buyers realize.
The real question isn’t:
❓ “Should I wait for rates to drop?”
It’s:
❓ “Can I comfortably afford the home I want today, and does it fit my long-term goals?”
For many buyers, the right time to purchase isn’t when rates are lowest.
It’s when they’re financially ready.
Thinking about buying and wondering what you qualify for?
Let’s have a conversation and look at your options.
Jason Fontes
Mortgage Agent Level 1
Mortgage Centre Canada
www.jasonfontes.com
365-739-7598📲
Let’s see what’s possible, download my app to explore your mortgage options instantly https://www.mccapp.ca/app/jason-fontes
[email protected] 📧
